Company research
Allied Corp.
CIK 1575295Updated Sep 24, 2026
SecurityALID · OTC · equity
Name history
COSMO VENTURES INC · through Jul 2, 2019
ALID price & chart
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OTC:ALID on TradingView ↗About the company
Allied Corp. is a Canadian cannabis supplier with its production center in Colombia. By leveraging Canadian cannabis cultivation expertise and Colombian price advantages, Allied offers consistent supply of premium cannabis product at scale and at attractive prices, meeting international high-quality standards.
In the news
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Recent filings
15-12G filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
25 filing
Other Events
Items 8.01, 9.01
10-Q filing
Show 5 more recent filings
Financials
FY 2024 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,114,841Source | 2,063,728Source | 5,789,607Source | 4,633,775Source |
| Property, Plant and Equipment, NetUSD | 1,218,111Source | 1,417,192Source | 1,444,038Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 209,736Source | 96,043Source | 419,825Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 47,955Source | — | — | — |
| Inventory, NetUSD | 261,016Source | 107,510Source | 998,988Source | 136,261Source |
| Assets, CurrentUSD | 713,559Source | 470,580Source | 1,241,646Source | 916,452Source |
| Operating Lease, Right-of-Use AssetUSD | 131,865Source | 109,301Source | 189,325Source | 247,325Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 9,663,305Source | 8,948,191Source | 7,072,004Source | 5,604,556Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 11,248Source | 10,160Source | 9,397Source | 7,986Source |
| Additional Paid in CapitalUSD | 42,613,696Source | 39,404,667Source | 33,999,090Source | 18,099,226Source |
| Retained Earnings (Accumulated Deficit)USD | -49,584,520Source | -45,608,336Source | -34,932,665Source | -19,393,812Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -618,888Source | -770,954Source | -898,219Source | -614,873Source |
| Stockholders' Equity Attributable to ParentUSD | -7,548,464Source | -6,884,463Source | -1,282,397Source | -970,781Source |
| Liabilities and EquityUSD | 2,114,841Source | 2,063,728Source | 5,789,607Source | 4,633,775Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 9,548,298Source | 8,849,635Source | 6,907,404Source | 5,382,244Source |
| Operating Lease, Liability, CurrentUSD | 17,090Source | 10,745Source | — | — |
| Accounts Payable, CurrentUSD | 832,870Source | — | — | — |
| Operating Lease, Liability, NoncurrentUSD | 115,007Source | 98,556Source | — | — |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 47,955Source | — | — | — |
| Accrued Liabilities, CurrentUSD | 1,870,293Source | — | — | — |
| Long-term DebtUSD | 100,600Source | — | — | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -3,976,184Source | — | -15,538,853Source | -11,485,246Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 139,769Source | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 500,627Source | 3,047,156Source | — | 2,666,077Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -86,527Source | — | — | — |
| Increase (Decrease) in InventoriesUSD | 76,818Source | -447,175Source | -787,544Source | 550,016Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,000,300Source | -1,956,779Source | -4,284,266Source | -3,956,255Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -9,892Source | -87,795Source | -1,205,369Source | -274,908Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 2,049Source | — | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 2,159,762Source | 2,068,160Source | 5,329,884Source | 4,616,094Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | -23,586Source | -159,751Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 359,103Source | 209,736Source | 96,043Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 17,495Source | 0Source | 401,990Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -203Source | — | — | — |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | — | 0Source | 547,598Source | 654,760Source |
| AmortizationUSD | — | 137,046Source | 82,589Source | 547,478Source |
| Amortization of Intangible AssetsUSD | — | 9,097Source | 1,131,434Source | 1,122,694Source |
| DepreciationUSD | 74,814Source | — | — | 13,818Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -469,571Source | -464,973Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | -147,722Source | — | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | 0Source | — | — | — |
| Gain (Loss) on Termination of LeaseUSD | — | — | 0Source | 65,565Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -27,043Source | 0Source | -118,448Source |
| General and Administrative ExpenseUSD | 499,396Source | 590,374Source | 1,133,560Source | 1,198,828Source |
| Goodwill, Impairment LossUSD | — | 2,656,695Source | — | — |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | 0Source | 245,500Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | — | 0Source | 2,687,695Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Inventory Write-downUSD | 0Source | 43,861Source | 31,737Source | 635,219Source |
| Net Income (Loss) Attributable to ParentUSD | -3,976,184Source | -10,675,671Source | -15,538,853Source | -11,485,246Source |
| Operating ExpensesUSD | 3,653,052Source | 8,801,408Source | 14,849,714Source | 7,656,465Source |
| Other Nonoperating Income (Expense)USD | — | -412,496Source | -763,259Source | -3,841,299Source |
| Proceeds from Issuance of Common StockUSD | 1,939,343Source | 1,528,160Source | — | 1,759,486Source |
| Stock or Unit Option Plan ExpenseUSD | 500,627Source | 3,047,156Source | 2,733,874Source | 2,666,077Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 96,180Source | 72,096Source | 165,596Source | 12,518Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -3,976,184Source | -10,263,175Source | -14,775,594Source | -7,643,947Source |
| Other Nonoperating Income (Expense)USD | — | -412,496Source | -763,259Source | -3,841,299Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -3,976,184Source | -10,675,671Source | -15,538,853Source | -11,485,246Source |
| Earnings Per Share, DilutedUSD per share | -0.04Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 105,640,700Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 9,097Source | 1,131,434Source | 1,122,694Source |
| Current Income Tax Expense (Benefit)USD | 1,028,000Source | 1,970,000Source | 925,000Source | 1,035,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | 137,046Source | 189,509Source | 547,478Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -469,571Source | -464,973Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | -147,722Source | — | — |
| General and Administrative ExpenseUSD | 499,396Source | 590,374Source | 1,133,560Source | 1,198,828Source |
| Goodwill, Impairment LossUSD | — | 2,656,695Source | — | — |
| Gross ProfitUSD | -323,132Source | -1,461,767Source | 74,120Source | — |
| Interest ExpenseUSD | — | 385,453Source | 467,451Source | 625,424Source |
| Operating ExpensesUSD | 3,653,052Source | 8,801,408Source | 14,849,714Source | 7,656,465Source |
| Other IncomeUSD | — | — | 0Source | 48,517Source |
| Research and Development ExpenseUSD | — | 0Source | 12,062Source | — |
Filing attachments
alid_ex991.htm · 8-K · 2025-01-22
EX-99.1 2 alid_ex991.htm PRESS RELEASE alid_ex991.htm EXHIBIT 99.1 January 21, 2025 NEWS RELEASE OTCQB: ALID ──────────────────── 200 - 400 Doyle Avenue, Kelowna, BC, Canada V1Y OC2 Toll Free: 1-877-255-4337 www.allied.health Allied Corp Announces Strategic Decision to Voluntarily Cease Quotation and SEC Registration Kelowna, BC, Canada - January 21, 2025 Allied Corp. ("Allied" or the "Company") (OTCQB: ALID) today announced that its Board of Directors (the "Board") has determ…
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